NorthWest Historical Financial Ratios
NWH-UN Stock | CAD 5.04 0.02 0.40% |
NorthWest Healthcare is lately reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 24.1 will help investors to properly organize and evaluate NorthWest Healthcare financial condition quickly.
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About NorthWest Financial Ratios Analysis
NorthWest HealthcareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate NorthWest Healthcare investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on NorthWest financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across NorthWest Healthcare history.
NorthWest Healthcare Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing NorthWest Healthcare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NorthWest Healthcare sales, a figure that is much harder to manipulate than other NorthWest Healthcare Properties multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Return On Equity
Return on Equity is the amount of NorthWest Healthcare net income returned as a percentage of NorthWest Healthcare equity. Return on equity measures NorthWest Healthcare profitability by revealing how much profit NorthWest Healthcare Properties generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from NorthWest Healthcare's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into NorthWest Healthcare current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWest Healthcare Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, NorthWest Healthcare's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 0.81, whereas Dividend Yield is forecasted to decline to 0.09.
2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0482 | 0.0692 | 0.0864 | Price To Sales Ratio | 7.63 | 5.02 | 3.1 |
NorthWest Healthcare fundamentals Correlations
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NorthWest Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NorthWest Healthcare fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 4.57 | 5.97 | 7.63 | 5.02 | 2.48 | 3.1 | |
Dividend Yield | 0.0899 | 0.0599 | 0.0598 | 0.0482 | 0.0692 | 0.0864 | |
Ptb Ratio | 1.27 | 1.36 | 1.19 | 0.92 | 0.63 | 0.81 | |
Days Sales Outstanding | 54.92 | 30.72 | 71.57 | 31.54 | 33.02 | 24.1 | |
Book Value Per Share | 14.81 | 14.31 | 17.03 | 15.77 | 12.64 | 11.49 | |
Free Cash Flow Yield | 0.069 | 0.0844 | 0.0436 | 0.0992 | 0.0831 | 0.0872 | |
Stock Based Compensation To Revenue | 0.0228 | 0.0242 | 0.0311 | 0.003649 | (0.00813) | (0.007723) | |
Capex To Depreciation | 0.19 | 0.15 | 0.35 | 0.44 | 0.0774 | 0.0735 | |
Pb Ratio | 1.27 | 1.36 | 1.19 | 0.92 | 0.63 | 0.81 | |
Ev To Sales | 11.51 | 13.05 | 15.32 | 13.03 | 10.05 | 8.19 | |
Free Cash Flow Per Share | 0.82 | 1.06 | 0.6 | 0.94 | 0.43 | 0.34 | |
Roic | 0.0162 | 0.0775 | 0.0557 | 0.0359 | (0.045) | (0.0427) | |
Inventory Turnover | 0.68 | (5.01) | (134.41) | (2.67) | (3.08) | (2.92) | |
Net Income Per Share | 0.52 | 1.77 | 2.96 | 0.53 | (1.42) | (1.35) | |
Days Of Inventory On Hand | 535.27 | (72.91) | (2.72) | (136.47) | (156.94) | (149.1) | |
Sales General And Administrative To Revenue | 0.08 | 0.0776 | 0.0931 | 0.0788 | 0.11 | 0.0645 | |
Capex To Revenue | 0.00103 | 6.26E-4 | 0.001289 | 0.00137 | 1.93E-4 | 1.83E-4 | |
Cash Per Share | 0.45 | 1.37 | 0.81 | 0.31 | 0.53 | 0.4 | |
Pocfratio | 14.44 | 11.83 | 22.86 | 10.06 | 12.03 | 9.9 | |
Payout Ratio | 1.37 | 0.42 | 0.23 | 1.24 | (0.43) | (0.41) | |
Capex To Operating Cash Flow | 0.003255 | 0.00124 | 0.003865 | 0.002743 | 9.35E-4 | 8.89E-4 | |
Pfcf Ratio | 14.49 | 11.84 | 22.95 | 10.08 | 12.04 | 9.1 | |
Days Payables Outstanding | 438.76 | 441.4 | 479.03 | 484.26 | 387.18 | 237.84 | |
Income Quality | 0.72 | 0.48 | 0.2 | 1.78 | (0.22) | (0.21) | |
Roe | 0.0711 | 0.0693 | 0.0555 | 0.26 | 0.0511 | (0.17) | |
Ev To Operating Cash Flow | 36.37 | 25.84 | 45.92 | 26.09 | 48.74 | 26.96 | |
Pe Ratio | 22.83 | 7.1 | 4.67 | 17.95 | (3.62) | (3.44) | |
Return On Tangible Assets | 0.0134 | 0.0546 | 0.0877 | 0.0149 | (0.0461) | (0.0438) | |
Ev To Free Cash Flow | 36.49 | 25.87 | 46.09 | 26.16 | 48.79 | 25.2 | |
Earnings Yield | 0.0438 | 0.14 | 0.21 | 0.0557 | (0.28) | (0.26) | |
Intangibles To Total Assets | 0.0161 | 0.0152 | 0.0126 | 0.009934 | 0.0108 | 0.0103 | |
Net Debt To E B I T D A | 17.32 | 6.71 | 8.04 | 9.99 | (14.57) | (13.85) | |
Current Ratio | 1.28 | 0.32 | 1.39 | 0.19 | 1.01 | 0.34 | |
Tangible Book Value Per Share | 14.18 | 13.81 | 16.6 | 15.41 | 12.3 | 10.78 | |
Receivables Turnover | 6.65 | 11.88 | 5.1 | 11.57 | 11.05 | 20.53 |
Pair Trading with NorthWest Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NorthWest Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NorthWest Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with NorthWest Stock
Moving against NorthWest Stock
The ability to find closely correlated positions to NorthWest Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthWest Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NorthWest Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NorthWest Healthcare Properties to buy it.
The correlation of NorthWest Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NorthWest Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthWest Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NorthWest Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NorthWest Stock
NorthWest HealthcareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate NorthWest Healthcare investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on NorthWest financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across NorthWest Healthcare history.